Served-in-China to gradually overtake made-in-China amid economic transition

There are great opportunities in store for China's services sector and the trade in services as the country facilitates its policy environment amid economic reforms, senior officials said on Tuesday.

"China is now in a critical period for building up a well-off society, and the services sector as well as trade in services are facing historic opportunities and broad prospects," Vice-Minister of Commerce Jiang Zengwei said at the opening ceremony of the second China International Fair of Trade in Services, or CIFTIS.